SEARCH   
MEMBER LOGIN      
Forgot Password?

Aquaculture in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Aquaculture Market Research Report | SIC A03.210 | Oct 2016

Good catch: Industry exports are rapidly growing to meet strong global demand

IBISWorld’s Aquaculture market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Cooke Aquaculture Scotland Ltd Cooke Aquaculture Scotland Ltd market share
Hjaltland Seafarms UK Ltd Hjaltland Seafarms UK Ltd market share
Marine Harvest (Scotland) Ltd Marine Harvest (Scotland) Ltd market share
Scottish Sea Farms Ltd Scottish Sea Farms Ltd market share
The Scottish Salmon Co Ltd The Scottish Salmon Co Ltd market share
Industry Statistics & Market Size
Revenue
£922m
Annual Growth 12-17
5.7%
Annual Growth 17-22
Purchase to read more
Profit
Purchase to read more
Employment
3,186
Businesses
426
Industry Threats & Opportunities
  • The health benefits of regularly eating fish has supported demand for Scottish salmon
  • Increased consolidation within the industry has led to improving profit margins
  • Operators are expected to increase the capacity of their farms to meet high levels of year-round export demand
  • ... purchase to read more

Industry Analysis & Industry Trends

The Aquaculture industry is expected to grow strongly over the five-year period ending 2016-17. Industry revenue is led by salmon growth. Trout, mussels and other shellfish are also farmed, but nearly 95% of industry revenue is estimated to come from salmon farming. The industry is dominated by farming of Atlantic salmon in the Scottish lochs and throughout the island coastlines of Scotland. The performance of the industry is highly dependent on trends in global salmon prices and supply conditions in competing producer countries. During the five years through 2016-17, industry revenue is estimated to rise at a compound annual rate of 5.7% to reach £922.3 million.

In the current year the industry is forecast to grow by... purchase to read more

Industry Report - Industry Products Chapter

Salmon

Atlantic salmon is a major product farmed in the industry, mostly in Scotland. Wild salmon stocks have been declining for decades, but salmon aquaculture has expanded steadily since the 1970s. Over the past five years salmon stocks have fluctuated. Adverse weather conditions led to salmon stocks decreasing in 2012 and 2013. In 2012-13 severe droughts followed by flooding led to an increase in the number of salmon dying due to amoebic gill disease.

According to the Food and Agriculture Organisation (FAO) salmon is expected to have accounted for approximately one-fifth of all seafood trade in 2015. Consequently, Scottish salmon farmers have done well over the past 10 years, driven by rising global demand for salmon and higher salmon prices.

.. purchase to read more

Additional Insights for the Aquaculture Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Aquaculture Industry are

  • Ability to pass on cost increases
  • Economies of scale
  • Establishment of export markets
  • IBISWorld analysts also discuss how external factors such as Health consciousness and Real effective exchange rate in the Aquaculture industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Aquaculture Industry?

    Companies in this industry farm salmon, trout, shellfish and other aquatic organisms in nets or cages in marine and freshwater lochs or coastal waters.

    Industry Products
    SalmonTroutShellfish
     
    Industry Activities
    Salmon farmingTrout farmingMussel farmingOther shellfish farming


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Health consciousness
  • Real effective exchange rate
  • Seafood catch volumes
  • Household expenditure on fish
  • Real household disposable income
  • Current Performance
  • Head above water
  • Salmon prices and profit performance
  • Employment
  • Consolidation and regulation
  • Chart: Revenue Growth
  • Industry Outlook
  • Referendum effect
  • Netting a profit
  • Environmental concerns
  • Table: Aquaculture Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Aquaculture Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Seafood Processing
  • Supermarkets
  • Consumers
  • Key Selling Industries
  • Marine Fishing
  • Products & Services
  • Salmon
  • Trout
  • Shellfish
  • Chart: Aquaculture Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Exports
  • Domestic consumers
  • Chart: Major Market Segmentation for the Aquaculture Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Capital expenditure and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Aquaculture
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Aquaculture Industry
  • Industry Globalization
    Major Companies
    Marine Harvest (Scotland) Ltd
    Scottish Sea Farms Ltd
    The Scottish Salmon Co Ltd
    Cooke Aquaculture Scotland Ltd
    Grieg Seafood Hjaltland UK Ltd
  • Table: Marine Harvest (Scotland) Ltd - financial performance
  • Table: Scottish Sea Farms Ltd - financial performance
  • Table: The Scottish Salmon Co Ltd - financial performance
  • Table: Cooke Aquaculture Scotland Ltd - financial performance
  • Table: Grieg Seafood Hjaltland UK Ltd - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Aquaculture Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Aquaculture Industry
  • Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
    Fishmeal
  • A commercial product used to feed salmon in aquaculture. Fishmeal is made from the bones and offal from processed fish.
  • Sea Lice
  • Marine ectoparasites that feed on the tissue and blood of marine fish.
  • Smolt
  • A juvenile salmon.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Aquaculture:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Aquaculture market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Aquaculture, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    View Sample
    Quote
    Select Clients
    Back to Top